Quarterly net income of JPMorgan Chase 2007-2023

The quarterly net income of the largest bank in the United States, JPMorgan Chase, increased overall between the first quarter of 2007 and the second quarter of 2023. The lowest net income of the bank was measured in the third quarter of 2008, due to the financial crisis. After that, the net income of the American banking giant grew more-or-less steadily until the COVID-19 pandemic. The first quarter of 2020 was yet another low point in the bank's quarterly income, with a significant decrease compared to the previous quarters. Although JPMorgan Chase's net income peaked in the first quarter of 2021, it started to decrease again right after that, reaching the lowest value since the pandemic in the first quarter of 2022. After a rocky start of 2022, net income of the bank increased gradually, reaching almost 14.5 billion U.S. dollars in the second quarter of 2023.